Structured Settlement: Structured settlements are a legal method of compensating injury victims. A structured settlement is a voluntary agreement reached between two parties, typically in a law suit, under which the injured person is compensated for damages via a cash flow stream of payments purchased for the plaintiff on behalf of the defendant.
Who sets up a Structured Settlement?
A structured settlement may be agreed to privately, in mediation or arbitration, in a pretrial settlement or it may be required by a court order. Often an attorney draws up the necessary structured settlement paperwork so that the injured party can be compensated.
How can I sell my Structured Settlement for a lump sum payment?
You can find a structured settlement broker or structured settlement company to purchase and buy your Structured Settlement, Insurance Annuity, Lottery Winnings, Royalty Payments or Inheritance if you want to sell your structured settlement.